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explain why please 1. Which bond has a longer duration: 15 year zero coupon bond yielding 10% or a perpetuity yielding 5%? A. The zero

explain why please

1. Which bond has a longer duration: 15 year zero coupon bond yielding 10% or a perpetuity yielding 5%? A. The zero coupon bond B. The perpetuity C. Neither, they both have the exact same duration

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